Sep 29, 2012 11:50pm EDT
informed, mr. president, looking at this year's budget you are going to have a trillion dollars deficit. he said, "i haven't done anything yet." [laughter] he said, no, mr. president, the budget they passed in october of last year guarantees that no matter what you do, you will have a trillion dollar deficit this year in the budget. ladies and gentlemen, these guys talk about the national debt. what date did generated the slowest growth in private-sector jobs since world war ii. it gave us this great recession. what they have not told us is that they have been unwilling to do anything about it. here's the deal, folks. we laid out a $4 trillion debt reduction plan over the next 10 years. we have already passed $1 trillion of it. ladies and gentlemen, these guys vote against everything. no, no, no. i really mean it. not only do they say they don't like our plan, so you say, what's your plan? you go out there and you look at the setup. an impressive bipartisan commission. simpson-bowles. domenichi's. every one of those plans they voted against. paul ryan even voted against the simpson-bowles p
Sep 30, 2012 6:30pm EDT
deficit and our debt. i worked to end the war in afghanistan which cost us $2 billion a week. i will get rid of the sweetheart deal tommy thompson negotiated when he was head of medicare -- that makes it illegal for drug companies to bargain with -- or medicare to bargain with drug companies for better prices for seniors. that one costs us $15 billion per year. i'd get rid of corporate welfare for big corporate farms and big oil. i'd also let the bush tax cuts for the top 2% expire. i also want to look at the record contrasts. i told you about the policies tommy thompson supported that added over $3.5 trillion to the debt when president bush was in office. i opposed those irresponsible plans that added to our debt 3789 so now in the future tommy thompson supports a plan that adds more for tax cuts for the wealthy and raises tax cuts for the middle class and is the wrong prescription for tackling our debt. >> our next question is from robert kennedy, directed first to representative baldwin. >> representative, good evening. , good evening. >> i'd like to you ask you about tax deductions.